Hotel Business

NOVEMBER 10, 2023

year-over-year (YOY) and supply increased 0.5%, which led to a 1% drop in occupancy for the period. RevPAR decreased 0.3%, as the modest occupancy decline was partially offset by the rise in ADR. Occupancy rates for all location types were below 2019 levels in Q3. Global distribution system (GDS) demand grew the most at 6.3%.

Global Distribution System 59

Global Distribution System Occupancy OTA Consumer 59

STAAH

FEBRUARY 7, 2023

As the markets have opened up and travel continues to rise, Hoteliers should not ignore this important market segment – Corporate clients to maximize occupancy and revenue. In the hotel industry, corporate clients can represent a significant source of revenue, as they often book rooms for business travel, conferences, and other events.

Global Distribution System 97

Global Distribution System Digital Marketing Events Hotels 97

SiteMinder

JUNE 26, 2024

Here are some of the key benefits: Increased profitability: By setting the right room rates and managing inventory effectively, hotels can maximize their revenue without necessarily sacrificing occupancy rates. Better resource allocation: Revenue management helps hotels predict staffing needs based on anticipated occupancy levels.

Revenue 72

Revenue Revenue Management Upsell Global Distribution System 72

Hotelogix

FEBRUARY 17, 2025

Global Distribution Systems (GDS) – Used mainly for corporate travel bookings. The key to higher occupancy rates and maximized revenue ? This has hotels balance higher occupancy levels with the use of OTAs. Direct Booking Platforms - the hotel website and booking engine.

OTA 40

OTA Global Distribution System Hotels Revenue 40

SiteMinder

JANUARY 14, 2025

Apollo is a global distribution system (GDS) vendor which allows travel agents to access and book inventory from hotels, airlines, car hires, and more. The corporate travel market can be a particularly valuable one to tap into, as it can be less price sensitive and can significantly boost mid-week and low season occupancy rates.

Global Distribution System 52

Global Distribution System Upsell Hotels Travel 52

SiteMinder

DECEMBER 22, 2022

Now, onto the podium… Our top three most viewed blogs in 2022 were: What is a global distribution system (GDS) and is it right for your hotel? Essential hotel sales strategies to increase occupancy and revenue. Check your inbox, we've sent you an email. Top 3 blogs in 2022.

Global Distribution System 59

Global Distribution System Revenue Revenue Management Hotels 59

SiteMinder

OCTOBER 15, 2023

They can also be known as distribution channels and are crucial for ensuring your hotel maintains a healthy occupancy rate and revenue stream. So it’s important to be aware of all the channels that help you boost occupancy.

Global Distribution System 59

Global Distribution System OTA Revenue Hotels 59

Boutique Hotel News

MARCH 3, 2023

million in 2021 to $135 million in 2022, RevPAR grew 11 per cent from the previous year’s fourth quarter to $158, and occupancy stabilised relatively at 83 per cent. At the same time, Sonder reported an increase in Q4 revenue from $86.7 billion.

Global Distribution System 52

Global Distribution System Occupancy Closing Travel 52

Cloudbeds

OCTOBER 17, 2024

By strategically analyzing revenue booked, occupancy rates, acquisition costs, and guest segments, hotels can build an advanced distribution strategy that delivers real value. Distribution KPIs How do you know if your distribution strategy is really working? RevPAR – which booking sites result in the highest RevPAR?

OTA 76

OTA Occupancy Hotels Revenue 76

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more. Hotel distribution channels are the different ways hotels sell rooms to guests.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

Travel 90

Travel Occupancy Average Daily Rate Global Distribution System 90

Cloudbeds

JANUARY 22, 2025

Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. Improve marketing and distribution Optimize distribution channels to reduce sales commissions.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Inn Quest

SEPTEMBER 5, 2023

Use a Channel Manager: A channel manager ensures that your room availability and rates are consistent across various online booking channels, including your website, OTAs (Online Travel Agencies), and GDS (Global Distribution Systems). This prevents overbooking and rate disparities, enhancing the guest experience.

Management 87

Management Overbooking Revenue Hotels 87

SiteMinder

AUGUST 1, 2024

Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Sales channels: How you will determine your distribution strategy , whether it’s direct bookings, online travel agents (OTAs), or a combination of both. based on your projected occupancy and service levels.

Business 95

Business Revenue Hotels Occupancy 95

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% globally next year. Average US occupancy rate is just under 65%. Some major cities could see occupancy rises by as much as 17.5%

Occupancy 59

Occupancy Hotels Revenue Cancellation 59

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Hotels have worked with third parties such as airlines, travel agents, online travel agents (OTAs) and the Global Distribution System (GDS) for decades.

OTA 101

OTA Hotels Revenue Marketing 101

SiteMinder

AUGUST 11, 2024

These systems will be able to adopt open-pricing strategies where they can adjust prices based on factors like demand, competition, reputation, occupancy and historical data, depending on the data they can collect and analyse.” “AI and machine learning will improve the quality of recommendations made by RMSs.

Revenue Management 84

Revenue Management Revenue Management Forecasting 84

Inn Quest

AUGUST 15, 2023

A hotel channel manager is a software tool used in the hospitality industry to manage and synchronize online distribution channels. In short, it primarily streamlines the distribution of room inventory, rates and availability across multiple channels, ensuring consistency and increasing bookings.

Management 52

Management Global Distribution System Overbooking OTA 52

Hotelogix

JULY 11, 2024

By leveraging data and market insights, revenue management allows you to make informed and data-driven decisions to drive sales, occupancy, profitability, and sustainable growth. Partner with Online Travel Agencies (OTAs), metasearch engines, and global distribution systems (GDS) to increase your hotel's visibility.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Amadeus Hospitality

SEPTEMBER 13, 2023

Originally published to Amadeus Insights By: Mirja Sickel, Vice President, Hospitality Distribution, Amadeus 2023 is proving to be an exciting year for travel sellers. Demand for trips remains strong as indicated by Amadeus Demand360 ® data, which shows that global hotel occupancies this year have largely been on par with pre-pandemic levels.

Travel 55

Travel Global Distribution System Display Ads Retail 55

Amadeus Hospitality

DECEMBER 14, 2022

Similarly, Amadeus’ Agency360 data demonstrates that hotel room nights booked on global distribution systems (GDSs) for corporate travel have also increased during 2022 and are rapidly closing in on pre-pandemic rates.

Global Distribution System 52

Global Distribution System Scale Travel Business 52

Hotelogix

OCTOBER 4, 2024

Optimize Pricing: Some channel managers offer dynamic pricing tools to help you adjust rates based on demand, occupancy, and market conditions. Improve Occupancy Rates: If you’re focused on filling more rooms, choose a channel manager that offers real-time updates and dynamic pricing tools.

OTA 52

OTA Management Overbooking Revenue 52

Amadeus Hospitality

MAY 29, 2023

To support its growth mindset, Quest Apartment Hotels , a member of The Ascott Limited network, announced it will implement Amadeus’ Agency360+ ® across its 160 locations in Australia, New Zealand, United Kingdom, and Fiji.

Business 52

Business Global Distribution System Travel Marketing 52

Cloudbeds

FEBRUARY 28, 2024

The information is then populated into the PMS and distributed to the hotel’s booking channels with the help of channel management software. These channels may include the hotel’s website booking engine, online travel agencies (OTAs), the global distribution system (GDS), wholesalers, and metasearch sites.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Little Hotelier

OCTOBER 30, 2024

Revenue management integration For properties working with global distribution systems (GDS), a property management system and GDS integration can help maximise exposure. This tool helps automatically adjust room rates based on demand, competition, and occupancy.

OTA 59

OTA Motels Upsell Overbooking 59

Hotelogix

OCTOBER 24, 2024

A Central Reservation System (CRS)  helps hotels manage room availability, pricing, and bookings from different channels. These channels include Online Travel Agencies (OTAs) like Booking.com, direct bookings through the hotel’s website, and Global Distribution Systems (GDS).

OTA 52

OTA Revenue Hotels Global Distribution System 52

eZee Absolute

FEBRUARY 27, 2024

They sought a solution that not only increased visibility on Online Travel Agencies (OTAs) and Global Distribution Systems (GDS) platforms but also sold the rooms at the best price and managed their inventories seamlessly. At the same time, it eliminated the risk of manual errors in inventory management.

Overbooking 52

Overbooking Global Distribution System Hotels Management 52

Cloudbeds

APRIL 2, 2024

A hotel central reservation system is a core software platform that manages all reservations for a hotel and provides a centralized repository of the inventory of rooms on sale and their characteristics (e.g., room types, maximum occupancy, stay restrictions, etc.), The revenue management system (RMS).

Revenue Management 52

Revenue Management Occupancy Revenue Hotels 52

eZee Absolute

OCTOBER 24, 2024

Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests. It’s a critical aspect of a hotel’s operations, as the effectiveness of this distribution directly impacts visibility, occupancy rates, and overall revenue.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

Xotels

DECEMBER 12, 2024

Article Summary What Are Hotel Distribution Channels? To make OTAs work for you, maintain rate parity and use them strategically to fill gaps in occupancy. Global Distribution Systems (GDS) GDS platforms such as Amadeus, Sabre , and Travelport connect hotels with travel agents worldwide.

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

Amadeus Hospitality

JUNE 15, 2023

As this tribe tends to work with travel advisors or travel agents when booking travel, DMOs can reach this segment by advertising on global distribution systems (GDSs), travel agents’ preferred booking channel.

Travel 52

Travel Global Distribution System Tourism Display Ads 52

Fuel Travel

JULY 11, 2024

This decreases your overall number of third-party bookings and your reliance on OTAs to drive occupancy. This allows you to optimize rates and sell relevant deals to boost revenue and occupancy. Why it matters: Efficient channel management maximizes occupancy and revenue.

Upsell 52

Upsell Overbooking Hotels OTA 52

Hotelogix

OCTOBER 18, 2023

Efficient Room Allocation Hotel Reservation Systems helps your hotel optimize room allocation based on real-time availability and guest preferences. This leads to better utilization of room inventory and maximizes occupancy rates. This data allows hotels to adjust rates for peak and off-peak periods, optimizing revenue generation.

Business 40

Business Global Distribution System Cancellation Hotels 40

Amadeus Hospitality

SEPTEMBER 6, 2023

Originally pubilshed on PhocusWire Positive momentum continues for the travel industry as global hotel occupancies rapidly return to 2019 levels, with many key destinations having already surpassed pre-pandemic performance this year, according to Amadeus’ Demand360 ® data.

Average Daily Rate 52

Average Daily Rate Global Distribution System Hotels Online Marketing 52

SiteMinder

DECEMBER 20, 2023

Simply multiply your predicted average daily rate (ADR) by your occupancy rate. RevPAR , or revenue per available room, is one the easiest ways to predict revenue for a hotel. For example if your hotel is expected to be occupied at 80% with an ADR of $200, your RevPAR will be $160.

Business 59

Business Hotels Management Revenue 59

SiteMinder

MARCH 16, 2023

Benefits of Reservation System for Hotels A hotel reservation system software is the helping hand you need to keep your occupancy up, even during the slow times and make sure everything is running smoothly. It is the easiest way to increase productivity when you manage a hotel or any other type of accommodation.

Overbooking 52

Overbooking Hotels Accommodation Management 52

Cloudbeds

JULY 15, 2023

This means that properties of all sizes can now access new, global regions and segments (corporate/leisure/group) that were difficult to access via manual channel management. This leads to higher occupancy, especially in times of low demand when it’s needed the most.

Management 76

Management OTA Cancellation Overbooking 76